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Today created very little–if any–need to think, say, or do things that haven’t already been thought, said, or done–at least when it comes to bond trading. The week was effectively over with yesterday’s sideways session–a fact I emphasized in this morning’s Day Ahead for the three of you…
Mortgage rates didn’t move much today, which is a victory unto itself on a week with 3 of the worse consecutive days of the year. In fact, lenders that changed rates at all today generally offered slight improvements in terms of upfront costs. In other words, quoted rates remained unchanged, but some…
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